Truist Raises PT on Mastercard Incorporated (MA) to $623 From $612
A woman using a payment terminal at the checkout of a store showing payment products and solutions.
The firm told investors in a research note that it is optimistic about Mastercard Incorporated's (NYSE:MA) 'strong' fiscal Q2 earnings, adding that it is boosting its estimates across the company's primary metrics.
The firm is thus raising its FY26 EPS view by 14c to $19.23.
Mastercard Incorporated (NYSE:MA) reported its fiscal Q2 2025 results on July 31, with net revenue for the quarter experiencing a 17% growth (16% on a currency-neutral basis) to $8.1 billion.
Gross dollar volume for fiscal Q2 2025 rose 9% and purchase volume grew 10%, on a local currency basis.
Mastercard Incorporated (NYSE:MA) is a technology company that provides payment solutions for developing and implementing debit, credit, prepaid, commercial, and payment programs via its brands. Its portfolio includes Mastercard, Cirrus, and Maestro. The company also offers intelligence and cyber solutions.
While we acknowledge the potential of MA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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